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Cost Accountant

Closing: May 31, 2024

13 days remaining

Published: May 15, 2024 (3 days ago)

Job Requirements

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Job Summary

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Educational Qualifications, Experience & Requirements
  • Bachelor’s Degree or HND in Accounting, Finance, or a related field.
  • Proven experience of at least 5 years in cost accounting or related roles within the manufacturing or consumer goods industry.
  • A master’s degree is an added advantage.
  • Professional certificates (e.g., ACA, ACCA, & CIMA) is an added advantage.
  • Strong knowledge of Cost Accounting.
  • Solid understanding of accounting principles and cost control concepts.
  • Proficiency in ERP systems and advanced Excel skills.
  • Attention to detail, analytical mindset, and strong problem-solving abilities.
  • Effective communication and collaboration skills to work across departments.
Responsibilities
Educational Qualifications, Experience & Requirements
  • Bachelor’s Degree or HND in Accounting, Finance, or a related field.
  • Proven experience of at least 5 years in cost accounting or related roles within the manufacturing or consumer goods industry.
  • A master’s degree is an added advantage.
  • Professional certificates (e.g., ACA, ACCA, & CIMA) is an added advantage.
  • Strong knowledge of Cost Accounting.
  • Solid understanding of accounting principles and cost control concepts.
  • Proficiency in ERP systems and advanced Excel skills.
  • Attention to detail, analytical mindset, and strong problem-solving abilities.
  • Effective communication and collaboration skills to work across departments.

Job Description

  • As the Cost Accountant at ReelFruit, you will play a crucial role in managing and analyzing the company's costs to ensure effective financial planning and control.
  • You will collaborate with various departments to gather and analyze data, assess cost variances, and provide insightful recommendations to improve operational efficiency.

Respponsibilities

  • Cost Analysis: Conduct a detailed analysis of product costs, including direct materials, labor, and overhead, to identify cost-saving opportunities and improve profitability.
  • Variance Analysis: Monitor and analyze cost variances, providing explanations for any discrepancies between actual and budgeted costs.
  • Budgeting and Forecasting: Assist in the preparation of annual budgets and forecasts, working closely with cross-functional teams to ensure accurate and realistic financial projections.
  • Inventory Management: Collaborate with the inventory team to reconcile and analyze inventory levels, ensuring accuracy and identifying areas for improvement.
  • Process Improvement: Identify and implement process improvements related to cost accounting procedures, contributing to the overall efficiency of financial operations.
  • Financial Reporting: Prepare regular financial reports, including cost of goods sold (COGS) analysis, and present findings to management.
  • Compliance: Ensure compliance with accounting principles, company policies, and regulatory requirements related to cost accounting.

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